Hess Midstream (HESM) Invested Capital (2018 - 2026)

Hess Midstream (HESM) recorded quarterly Invested Capital of $4.1 billion in Q1 2026, up 781.55% quarter-over-quarter from $470.4 million in Q4 2025, and up 1.52% on a YoY basis from $4.1 billion in Q1 2025.

Hess Midstream (HESM) Invested Capital (2018 - 2026) Analysis & Trends

Hess Midstream's Invested Capital history runs 9 years deep, the most recent figure standing at $4.1 billion for Q1 2026.

  • In Q1 2026, Invested Capital rose 1.52% year-over-year to $4.1 billion; the TTM figure through Mar 2026 stood at $4.1 billion (up 1.52% YoY), while the FY2025 annual figure was $470.4 million, down 3.57% from the prior year.
  • Invested Capital was $4.1 billion for Q1 2026 at Hess Midstream, up from $470.4 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $4.4 billion in Q3 2025 to a low of $375.7 million in Q4 2023.
  • Historically, Invested Capital has averaged $3.0 billion across 5 years, with a median of $3.5 billion in 2023.
  • The sharpest annual moves came in 2022 and 2024: Invested Capital plunged 31.25% in 2022, then grew 29.84% in 2024.
  • A 5-year view of Invested Capital shows it stood at $531.5 million in 2022, then retreated by 29.31% to $375.7 million in 2023, then advanced by 29.84% to $487.8 million in 2024, then dropped by 3.57% to $470.4 million in 2025, then jumped by 781.55% to $4.1 billion in 2026.
  • The last three Invested Capital figures came in at $4.1 billion (Q1 2026), $470.4 million (Q4 2025), and $4.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 59.19 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 33.06 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 61.04 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 103.80 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 21.28 Mn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 40.30 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 21.59 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 54.45 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 19.65 Bn
10 Hess Midstream 4.98 Bn 4.97 Bn - 4.15 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.15 Bn
Dec 31, 2025 470.40 Mn
Sep 30, 2025 4.37 Bn
Jun 30, 2025 4.22 Bn
Mar 31, 2025 4.08 Bn
Dec 31, 2024 487.80 Mn
Sep 30, 2024 3.93 Bn
Jun 30, 2024 3.86 Bn
Mar 31, 2024 3.71 Bn
Dec 31, 2023 375.70 Mn
Sep 30, 2023 3.59 Bn
Jun 30, 2023 3.50 Bn
Mar 31, 2023 3.43 Bn
Dec 31, 2022 531.50 Mn
Sep 30, 2022 3.42 Bn
Jun 30, 2022 3.42 Bn
Mar 31, 2022 3.34 Bn
Dec 31, 2021 773.10 Mn
Sep 30, 2021 3.28 Bn
Jun 30, 2021 3.25 Bn